07 June 2019, The global breathing circuit market is set to witness a higher CAGR during the forecast period. Breathing systems deliver oxygen and anaesthetic gases to users and reduce the CO2. The breathing systems comprise similar components but are formed differently. The typical components comprise tubing to direct gas flow, fresh gas flow and an adjustable pressure valve to regulate the pressure of the system and simultaneously enable the waste gas.
The components of breathing systems are made up of components that bonds with the anaesthetic machine and contains adjustable pressure limiting (APL) valve, reservoir bag, inspiratory limb and expiratory limb.
Breathing circuit market is driven by rising incidences of chronic illness due to smoking habits and air pollution. Rise in cases of asthma, bronchial cancer and coughing is more likely to result in demand for breathing circuit. In addition, the breathing circuit enables a high rate of respiration by cutting down CO2 levels through the circuit. In addition, there has been a slightly higher rise in the population with sleeping disorders that adds to the market growth in the near future.
Product segmentation for breathing circuit market includes open breathing, semi-open breathing and closed breathing circuits. Application segment for the market comprises anaesthesia and respiratory dysfunction. By end-user, the market includes ambulatory surgical centres, home care settings, clinics and hospitals.
Geographical segmentation for the market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America and Europe market accounts for a significant CAGR during the forecast period due to easy availability of the device and rise in respiratory disorder cases. Moreover, presence of medical infrastructure is more likely to propel the market growth.
Asia-Pacific regions are likely to gain a higher position due to rise in pollution levels, increase in government spending on healthcare devices and active participation of NGO’s. Rise in population with sleeping disorders are more likely to demand breathing circuits. Middle East and African regions might witness a moderate growth due to slow and steady awareness among the masses.
The key players profiled in the breathing circuit market report are Ambu A/S, C.R. Bard, Armstrong Medical Industries Inc, Becton Dickinson Inc, Bio-Med Devices, Beijing Aeonmed Co Ltd, Fisher & Paykel Healthcare Corporation Limited, Smits Group Plc, Teleflex Inc, Flexicare Medical Ltd and General Electric Company.
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